There was a huge uproar recently when Netflix and Warner Bros. decided to move ahead with Netflix’s bid to acquire the company. Other companies, such as Paramount, challenged the bid, noting they thought that Netflix’s offer wasn’t a good one.

Netflix announced it will buy Warner Bros. in a $72-billion deal that includes ownership of iconic properties like Harry Potter and the DC Universe.

Warner Bros.’ studios are world-class, with Warner Bros. recognized as a leading supplier of television titles and filmed entertainment. HBO and HBO Max also provide a compelling, complementary offering for consumers. Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.

Netflix, as part of its offer to acquire Warner Bros. Discovery’s studios and streaming biz, has pledged to continue releasing WB’s movies in theaters, Variety confirmed. Sources familiar with the situation said Netflix informed WBD execs that the ...

The competition between Netflix and Paramount Skydance to acquire the studio is haunted by the ghosts of mergers past.

Netflix Pushes for Deal Approval Netflix tells investors it feels certain it will get the green light for its $82.7 billion purchase of Warner Bros streaming